Wahed FTSE USA Shariah ETF
$74.92−0.61 (−0.81%)
- Expense ratio
- 0.50%
- Fund size
- $960M
- 1Y return
- +27.5%
- Yield · Last 12 months
- 0.43%
- Holdings
- 199
- Volume · 30D
- 0.1M sh
- NAV per share
- $73.70
- 52W range
The ETF.net HLAL Grade
Score 52 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 17Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 94Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 49Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 77Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.FScore 22Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 59Category rank
Our read on HLAL
CThe original US-listed halal equity ETF: roughly 220 large and mid-cap American stocks that clear FTSE's Shariah business and balance-sheet screens, with a per-share purification figure published every quarter.
The Fund seeks to track, before fees and expenses, the total return of the FTSE USA Shariah Index.
Why people hold it
- No alcohol, gambling or conventional banking, and debt plus cash-and-interest items must each stay under 33.333% of total assets. Yasaar Limited runs the screens.lseg.comfunds.wahedinvest.com
- The fund posts a per-share purification amount each quarter, generally before the dividend, so holders can donate the non-compliant sliver instead of estimating it.funds.wahedinvest.com
- Launched in 2019 as the first US-listed Shariah-compliant equity ETF, and it still carries the size and volume that keep a screened niche fund practical to trade.nasdaq.com
- Plain index replication of the FTSE USA Shariah Index, and it hugs that benchmark about as closely as anything in its peer group.
Worth knowing
- 0.50% a year sits well above plain-vanilla large-cap peers (ILCB charges 0.03%). The screening and purification machinery is what the extra buys.
- Interest-based screens rule out banks and insurers, leaving roughly 220 names tilted toward technology and healthcare, so it can behave differently from the broad market.lseg.comnasdaq.com
- Distributions come quarterly, and acting on the published purification amount is the shareholder's job, not the fund's.funds.wahedinvest.com
HLAL Holdings
- Stocks
- 199
- 59%
- NVDA
Sectors
- Technology57.3%
- Communication13.1%
- Health Care10.1%
- Energy4.6%
- Industrials4.6%
- Consumer Discr.4.5%
- Cons. Staples2.7%
- Materials2.1%
- Real Estate0.8%
- Utilities0.2%
Geography
- United States97.40%
- Ireland1.13%
- United Kingdom0.57%
- Singapore0.44%
- Netherlands0.19%
- Switzerland0.15%
- Australia0.09%
- Canada0.03%
HLAL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | HLAL |
|---|---|
| Year to date | +22.0% |
| 1 month | +4.4% |
| 3 months | +5.3% |
| 1 year | +27.5% |
| 3 years | +22.7% |
| 5 years | +15.2% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | HLAL |
|---|---|---|
| 2026 YTD | +22.0% | |
| 2025 | +18.3% | |
| 2024 | +16.7% | |
| 2023 | +30.1% | |
| 2022 | −17.6% | |
| 2021 | +28.6% | |
| 2020 | +24.6% |
HLAL in the news
ETF.net Research hasn’t filed on HLAL yet — coverage lands here as it’s written.
HLAL Dividends
- 0.43%
- $0.32
- $0.02 per share
- Quarterly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Jun 25, 2026 | Jun 26, 2026 | $0.02 |
| Mar 26, 2026 | Mar 27, 2026 | $0.08 |
| Dec 24, 2025 | Dec 26, 2025 | $0.08 |
| Sep 24, 2025 | Sep 25, 2025 | $0.15 |
| Jun 25, 2025 | Jun 26, 2025 | $0.02 |
| Mar 26, 2025 | Mar 27, 2025 | $0.08 |
| Dec 24, 2024 | Dec 26, 2024 | $0.08 |
| Sep 26, 2024 | Sep 27, 2024 | $0.17 |
| Jun 27, 2024 | Jun 28, 2024 | $0.02 |
| Mar 27, 2024 | Apr 1, 2024 | $0.03 |
| Dec 27, 2023 | Dec 29, 2023 | $0.14 |
| Sep 27, 2023 | Sep 29, 2023 | $0.02 |
HLAL Risk
- 14.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.97
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −23.2%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.03
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
HLAL Cost
- The middle half of US ESG & Values Index funds
- Median 0.23%
40 of the 48 US ESG & Values Index funds charge less.